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System: Steve_FXCM_907

Description:

Type of Trading: Technical

Broker: FXCM

Started: Jan 07, 2012

Views: FXCM

Tracking: 19 users

Currency Pairs: AUDCAD, AUDCHF, AUDJPY, AUDUSD, CADCHF, CADJPY, CHFJPY, EURJPY, EURUSD, GBPCHF, GBPJPY, GBPUSD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, UKOIL, USDCAD, USDCHF, USDJPY, USOIL, XAUUSD[/one_half]

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[quote bcolor=”#06afe8″ arrow=”yes” width=”100%”][icon type=”vector” icon=”fa-icon-cogs” size=”32″ hover_animation=”border_increase” ]Essentials: The Steve_FXCM_907 system has made 3695 trades with an average winning trade of 73.55 pips / $24.92, the average losing trade around -51.39 pips / -$16.55 and an average trade length of 1d.

The best trade it ever had was (Jul 20) 3969.0 in pips and the worst trade was (Jun 24) -1634.0 in pips.

It has won (780/1875) 41% of its attempted buys and (716/1820) 39% of its attempted sells.[/quote]

[box][icon type=”vector” icon=”enotype-icon-thumbs-up” size=”32″ hover_animation=”border_increase” ][icon type=”vector” icon=”enotype-icon-thumbs-down” align=”right” size=”32″ hover_animation=”border_increase” ]

Pros & Cons

[one_half]Pros

[list icon=”enotype-icon-thumbs-up” align=”left” icon_color=”#4cb218″ ]Its average win is larger than 10 pips which is usually a good thing.,[/list][/one_half]Cons

[one_half_last] [list icon=”enotype-icon-thumbs-down” align=”right” icon_color=”#e31616″ ]Prone to large drawdowns.,

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